FundCanna, a premier capital provider to the cannabis sector, has partnered with Nabis, California's top wholesale and logistics provider for cannabis brands.
According to a press release, this collaboration designates FundCanna as Nabis’ recommended lending associate, ensuring swift financing solutions for businesses in the capital-heavy cannabis market.
See Also: The Real Cost Of Starting A Cannabis Business In California: Gone Are The $10,000 Startup Days
“This partnership will be a game changer for cannabis businesses seeking immediate capital," remarked Adam Stettner, FundCanna's CEO. He praised Nabis for its trusted and advanced services in the cannabis realm. Together, their combined expertise promises continuous product availability for brands, even amid the industry's evolving challenges.
With FundCanna's two-decade, $20B lending record, and Nabis' prowess in connecting over 300 brands to retailers, this alliance is poised to offer unparalleled financial solutions to California’s licensed cannabis operators.
Vince Ning, co-CEO of Nabis, expressed enthusiasm about the partnership. "Nabis is at the forefront in linking brands with retailers," he said, emphasizing the critical role FundCanna will play in bolstering the California supply chain by meeting their partners' financial and product needs.
Clients can now access FundCanna financing details directly via the Nabis website. Ryan Freitas, CRO at FundCanna conveyed optimism about this synergy, envisioning a streamlined experience that will invigorate California's cannabis sector, especially as Nabis broadens its footprint.
If you are interested in learning more and discussing the cannabis-related landscape not just in California but in other states as well, consider joining us at the 17th edition of the Benzinga Cannabis Capital Conference, which is returning to Chicago on Sept 27-28. All information is available on bzcannabis.com
Read Next: How to Invest in Cannabis Startups
Image by El Planteo
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